lease

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a new lease of life

1. An occasion or opportunity for a renewed enjoyment in, enthusiasm for, or appreciation of one's life. Primarily heard in UK. After finding out that the tests came back negative for cancer, I feel as though I've been given a new lease of life! Mary's gotten a new lease of life ever since her daughter was born.
2. An extension or increase in the time in which something or someone can be useful or successful. Primarily heard in UK. Our company was given a new lease of life when we partnered with the global corporation. John's film got a new lease of life when his wealthy grandfather agreed to fund the rest of the production.
See also: lease, life, new, of

new lease on life

A new chance to happy, healthy, or successful after surviving a hardship. After the doctor declared that her cancer was in remission, Harriet felt like she had a new lease on life.
See also: lease, life, new, on

a new lease on life

An occasion or opportunity for a renewed enjoyment in, enthusiasm for, or appreciation of one's life. After finding out that the tests came back negative, I feel as though I've been given a new lease on life! Mary's gotten a new lease on life ever since her daughter was born.
See also: lease, life, new, on

give a new lease of life

1. To give one occasion or opportunity for a renewed enjoyment in, enthusiasm for, or appreciation of one's life. A noun or pronoun can be used between "give" and "a." After finding out that the tests came back negative for cancer, I feel as though I've been given a new lease of life!
2. To improve or refurbish something that is worn or old. A noun or pronoun can be used between "give" and "a." That new engine has really given my car a new lease of life.
See also: give, lease, life, new, of

lease something back

to sell something, then rent it from the buyer. We sold the building to a real estate firm and then leased it back. There was some tax saving involved. We leased back the building.
See also: back, lease

lease something from someone

to rent something from someone. We decided to lease the building from the owner rather than buying it. The company always leases its cars from the dealership.
See also: lease

lease something (out) to someone

to rent something to someone. The company leases cars out to its customers. Can you lease this building to me for two years? Lease out only the first two floors.
See also: lease

new lease on life

Cliché a renewed and revitalized outlook on life. Getting the job offer was a new lease on life. When I got out of the hospital, I felt as if I had a new lease on life.
See also: lease, life, new, on

new lease on life

A fresh start; renewed vigor and good health, as in Since they bought his store Dad has had a new lease on life. This term with its allusion to a rental agreement dates from the early 1800s and originally referred only to recovery from illness. By the mid-1800s it was applied to any kind of fresh beginning.
See also: lease, life, new, on

a new lease of life

BRITISH, AMERICAN or

a new lease on life

BRITISH
COMMON If someone or something is given a new lease of life or a new lease on life, something makes them successful once again or improves their condition. The old oak table was another bargain, picked up for just £4 and given a new lease of life by Kim's mother. After a career as a comedian, he found a new lease of life as an actor. Swimming gave me a new lease on life — I found I had much more energy to do stuff. Note: Words such as another, fresh, or second are sometimes used instead of new. T-shirts and hats can be given a fresh lease of life with glass beads. Note: A lease is a contract by which you can rent property for a fixed period of time.
See also: lease, life, new, of

a new lease of (or on) life

a substantially improved prospect of life or use after rejuvenation or repair.
1997 BBC Vegetarian Good Food Give salads, sandwiches and jacket spuds a new lease of life with a spoonful of flavoured mayonnaise.
See also: lease, life, new, of

a (ˌnew) lease of ˈlife

(British English) (American English a (ˌnew) lease on ˈlife) a chance for somebody/something to live/last longer; a chance to get more enjoyment and satisfaction out of life: The successful heart operation gave him a new lease of life.The outside of the city hall has just been thoroughly cleaned and it’s given the old place a new lease on life.
See also: lease, life, of

lease up

v.
1. To fully lease some building: The housing agency leased up the new apartment building in record time. After the new building had been on the market for only one week, the real estate agent had leased it up. The retail spaces were leased up before construction even started.
2. To become fully leased: The new office building leased up in less than a week.
See also: lease, up

a new lease on life

An opportunity to improve one's circumstances or outlook.
See also: lease, life, new, on
References in periodicals archive ?
A, based in Chile, is one of Latin America's largest developers and operators of retail real estate with more than 600,000 square meters of gross leasable area.
The second phase will have a total leasable space of around 24,000 square meters and is to be completed in the third quarter of 2015.
CPG is developing a leasing portfolio by consciously injecting leasable components in every property project.
The second property is a local police station with leasable area of approximately 3,550 square metres in Malmo.
The property in Hogdalen, which has gross leasable area of 5,046 sq m and a rental value of some SEK5.
Tulare, California: The Tulare property includes 226,405 square feet of gross leasable area with expansion potential, and is currently 95.
The building has leasable area of 8,400 square metres, according to Sponda.
The fully let Budejovicka Alej office property consists of 11,700 square meters of leasable floor space plus associated underground parking facilities on three stories.
The Chestnut Ridge Center on Chestnut Ridge Road in Montvale, New Jersey in the County of Bergen contains 90,630 sq ft of leasable space that is 95% leased, while the Spring Valley Center on Route 59 in Spring Valley, New York in the County of Rockland contains 25,500 sq ft of leasable space and is 94% leased, the company added.
The combined Gross Leasable Area (or GLA) is approximately 842,000 sq ft, of which 67 percent is currently occupied.
Swedish property company Kungsleden AB (STO:KLED) (OSE:KGLED01) has signed a three-year lease with the Hemmamassan permanent interior design expo for a gross leasable area of 15,000 square metres for an annual rental of approximately SEK13m, the company revealed on Monday.
The building, 2890 Gateway Oaks, contains approximately 58,700 square-feet of leasable space.
458 new leases totaling more than 2 million square feet of gross leasable area, including partners' interests, were signed.